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Simon says - Josh 91


Simon probably did not mean to let this phrase escape from his mouth, but yes, he really did say the smart money was in Global Warming - oh dear.
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Reader Comments (21)

"New research by The Pew Charitable Trusts reveals that China has solidified its position as the world’s clean energy powerhouse. China attracted a record $54.4 billion in clean energy investments in 2010–a 39 percent increase over 2009 and equal to total global investment in 2004."

Hello madness; Goodbye pension...

Mar 30, 2011 at 10:13 PM | Unregistered Commenterstupidboy

Not smart, just money!

Mar 30, 2011 at 10:53 PM | Unregistered CommenterR2

The dumb money is in solar

Mar 30, 2011 at 11:55 PM | Unregistered Commentergolf charley


v good, i noticed this comment.

wanted to ask where the ipcc came on the spectrum of respectability with regard to their use of wwf, greenpeace etc as source material who were at the bottom of his spectrum of responsibility

Mar 30, 2011 at 11:58 PM | Unregistered Commenteral

You might want to buy a life insurance policy payable to you on this guy. He could likely provide inspiration for an entire career in cartooning. But no, there are plenty of others.

Mar 31, 2011 at 12:35 AM | Unregistered Commenterj ferguson

Surely a little parapraxis.

Mar 31, 2011 at 12:45 AM | Unregistered CommenterAthelstan
Mar 31, 2011 at 12:52 AM | Unregistered CommenterZT

Surely we all had slips of the tongue, but to trip oneself that way head over heels is incredible

Mar 31, 2011 at 2:08 AM | Unregistered CommenterDon Pablo de la Sierra

At one time the "smart money" was in dot com stocks, Enron, Subprime securities

It's only smart until reality bites and the bubble pops. Not that there has been much of a bubble in renewables.

Note also that Singh's brother is big in wind.

Mar 31, 2011 at 6:05 AM | Unregistered CommenterFred Bloggs

Singhs brother is big in Solar as well!

Mar 31, 2011 at 10:03 AM | Unregistered CommenterBarry Woods


It's more than just your pension.

Remember how the lying bastards previous government always claimed (as this one does) that 'there is no direct subsidy for renewables'?

That's because it's and indirect subsidy.

Electricity suppliers are forced to pay hugely inflated rates for power generated by renewables either via ROs or the FIT.

They pass on the cost in full to all their customers in the form of higher energy bills.

This hits the vulnerable - low income families, the elderly - hardest.

So renewables are funded by a stealth regressive tax.

Most people find this completely unacceptable once they grasp the nature of the deceit - and its true consequences.

Singh's brother has set out to profit from this situation. Draw your own conclusions.

Mar 31, 2011 at 11:44 AM | Unregistered CommenterBBD

From Delingpole's piece:

"[Tom Singh] has demonstrated a clear and deep understanding of the solar PV sector.."

And yet he still invested in it!

Mar 31, 2011 at 11:51 AM | Unregistered CommenterJames P

Revealing that we should have to 'believe' in it. No science there, then.

Mar 31, 2011 at 11:54 AM | Unregistered CommenterJames P

Follow the money - unless its a government subsidy..
Dale Vince - owner of Ecotricity - is planning to sue the British government because they are slashing the 'feed in' tariff for large solar parks,,,
Ah, bless...

Mar 31, 2011 at 1:41 PM | Unregistered CommenterDavid

Yeah, right - presumably that would be the same sort of 'smart' money which invested in the South Seas; tulip futures; and (more recently) the Chicago Carbon Exchange...
I think I'll stick with cash ISAS...

Mar 31, 2011 at 2:04 PM | Unregistered CommenterDavid

BBD The "Consultation on fast-track review of Feed-in Tariffs for small scale low carbon electricity" makes quite clear that the Feed-in Tariffs are a "public subsidy". See

Mar 31, 2011 at 5:40 PM | Unregistered CommenterPhillip Bratby


Do you disagree that ROs and the FIT constitute a stealth regressive tax?

How many people know as much about this as you do - eg have found and read the document you link?

Would you agree that the previous and present governments have done everything possible to downplay:

1). the fact of subsidies to the renewables sector

2). the size of subsidies to the renewables sector

Have you not heard various politicians trying to suggest that renewables are competitive with fossil fuels?

In summary, do you regard the government position on subsidising renewables as honest and open, and its effects on the public as benign?

Mar 31, 2011 at 6:46 PM | Unregistered CommenterBBD


The pdf is 26 pages - can you give me an exact reference (page and point #)? I don't doubt you, but I haven't got time to comb through looking for the sentence you have in mind. As clear statements of this kind are exceedingly rare, I'd like to verify this one so I don't mistakenly claim that such things don't exist at all.

Mar 31, 2011 at 6:58 PM | Unregistered CommenterBBD

Oops - it's point number 3. Missed it on the first scan. Sorry - ignore above.

Mar 31, 2011 at 7:01 PM | Unregistered CommenterBBD

There is something hugely potent and immortal about a good cartoon. Memorable ones, and this is an example, get burnt into an iconic identity of this individual. Something about pictures and a thousand words.

Apr 1, 2011 at 10:16 PM | Unregistered CommenterPharos

Deller's deconstruction of Simon Singh in his blog this a.m.(Sunday) is absolutely, deliciously withering - and accurate. Worthwhile readomg!

Apr 3, 2011 at 10:36 AM | Unregistered CommenterAlexander K

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